Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This
Feb 08, 2024
On the third of April 2025, the United States, led by a re-energised Donald Trump, dropped a trade bombshell on Zimbabwe, an 18% “reciprocal tariff” slapped on its goods, part of a broader strategy t
Apr 04, 2025
Botswana, often celebrated as a model of economic stability and prudent governance in Africa, is confronting a severe economic crisis precipitated by a sharp decline in global diamond prices. The Af
May 21, 2025
While global diamond prices are crashing from US$3,400 in 2020 to a mere $900 in 2024, a 74% decline, Zimbabwe’s diamond industry shows respite, defying global trends. Though made of the hardest mate
Jun 02, 2025
Debswana Diamond Company, a 50-50 joint venture between the Botswana government and De Beers, has temporarily halted production at its Jwaneng Cut 9 and Orapa mines, following earlier suspensions at t
Jun 09, 2025
The Zimbabwe Stock Exchange Holdings Limited (ZSE Holdings) has joined the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network a globally recognised platform for secure financi
Jul 09, 2025
Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest state-owned diamond miner, has confirmed the retrenchment of 400 employees, a move that reflects the worsening crisis in the global
Jul 15, 2025
Global markets, Tariff developments, Gold prices, Economic data, Federal Reserve, Trade tensions, Eurozone economy, China's export growth, UK economic contraction, Reserve Bank of Australia.
Jul 16, 2025
Zimbabwe’s gold sector continued its upward trajectory into 2025, building on the record highs achieved in 2024. In June 2025, revenues hit a peak of $393.87 million, surpassing the May 2025 record of
Aug 18, 2025
Zimbabwe has secured a significant opportunity to export blueberries to China following the signing of a phytosanitary protocol during President Emmerson Mnangagwa’s recent visit to China, according t
Sep 05, 2025
Zimbabwe’s sharp surge in tobacco exports at the start of 2026 the latest chapter in a four-decade arc of expansion, collapse, and recovery that now appears to be approaching another historic peak, wi
Jan 22, 2026
Minister of Information, Publicity and Broadcasting Services Zhemu Soda has said Zimbabwe holds between two and three months of fuel reserves and that the country's supply position remains secure desp
Mar 05, 2026
Zimbabwe's tea sector, a cornerstone of the nation's agricultural exports, experienced a notable slowdown in 2025, with shipments totaling US$12.66 million, a decline from US$15.7 million in 2024 acco
Mar 12, 2026
Puma Energy Zambia, the country's listed downstream fuel distributor and one of the most recognisable names at the Zambian pump, has reported full year results for 2025 that lay bare a business under
Standard Chartered Bank Zambia, the country's oldest international lender and one of the most recognisable names in its corporate banking landscape, has reported full year results for 2025 that tell t
BAT Zambia, the country's only listed tobacco manufacturer and the dominant player in Zambia's formal cigarette market, has reported a year in which profit grew but the business shrank, a paradox that
When Invictus Energy, an Australian-listed junior explorer, first announced it had struck a discovery of gas-condensate and light oil in the Cabora Bassa Basin of Zimbabwe, it felt like the birth of a
First Quantum Minerals, one of the world’s leading copper producers and Zambia’s single largest taxpayer in the mining sector has entered into a binding agreement to sell its Çayeli copper-zinc mine i
The Competition and Tariff Commission (CTC) has greenlit the acquisition of Dendairy (Private) Limited by Vamara Group Limited, a subsidiary of the Mauritius-registered Export Trading Group (ETG), in
CEC Renewables Limited, a wholly owned subsidiary of CEC PLC and a pivotal player in Zambia's burgeoning green energy sector, has reported a robust 63% surge in profit after tax for the year ended Dec
Gold prices have continued their relentless climb, reaching US$5,222 per ounce by late February 2026, marking a 5% gain for the month and a remarkable 20% year-to-date increase, according to W